Strategic Oil & Gas Ltd. announced it has achieved its exit production target for year-end 2016 and provides an operations update. The company tied in three Muskeg wells during the fourth quarter of 2016, and has recently tied in the step out Muskeg well 14-35. With the recent Muskeg wells drilled and tied-in, current corporate production exceeds the company's 2016 exit rate guidance of 2,800 boe/d. The company initiated its $30 million capital program for the first half of 2017 which includes six Muskeg horizontal wells. The company is now drilling its third Muskeg well and maintains its production guidance of 4,000 boe/d exiting the first half of 2017. Strategic's current capital position remains strong and the company is positioned for growth.